Purdue, IU rank among top 15 college endowments
Purdue University’s $1.45 billion endowment ranks ninth in the nation. IU came in at 11th with an endowment valued at about
$1.23 billion.
Philanthropy
Articles
Contest will honor centenarians who still work
Last year, Virginia-based Experience Works recognized 101-year-old attorney Jack Borden of Weatherford, Texas.
Wireless bidding system BidPal drives charity auction offers higher
Tech executive Scott Webber and a local entrepreneur are out to revolutionize benefit auctions, which, despite their importance
in raising an estimated $16 billion a year for not-for-profits, can be remarkably primitive.
Conner Prairie sees attendance, giving increase in 2009
Conner Prairie saw increases in both daily admissions and giving in 2009 and ended the annual period in the black for the
fourth year in a row.
IU-Kenya Partnership gets $5M USAID grant
A partnership between Indiana University School of Medicine and a medical school and hospital in Kenya has received an additional
$5 million grant from the U.S. Agency for International Development to expand health care services in the African nation.
Lilly Endowment gives another $6 million to ISU institute
Philanthropic giant has gifted $29 million since 2003 to fund research and education in financial services.
Affordable-housing group goes on apartment-buying binge
Partners in Housing Development seized on a weak real estate market to acquire three urban apartment communities in the last
18 months.
Salvation Army draws scrutiny for supplying homes to officers
In Indiana, the Salvation Army owns 34 residences, including 10 in Indianapolis with a combined value of $1.6 million.
American Association of Grant Professionals offers test for grant writers
A movement is afoot to professionalize the grant-writing trade.
City Market redevelopment hopefuls have ambitious plans
City Market’s board president warns financing will challenge any of the six groups that responded to Mayor Greg Ballard’s
request for business ideas.
Kiwanis International names executive director
Indianapolis-based Kiwanis International on Friday named longtime staff member Stan Soderstrom its executive director. Soderstrom
has been the interim executive director since October, when Rob Parker left the organization of service clubs.
Kiwanis vies for big prize in Facebook contest
The organization with the most votes from Facebook users will receive $1 million.
NFP of NOTE: Southeast Community Services
Southeast Community Services works together to serve, strengthen and support our neighbors in southeast Indianapolis.
Basiles give big gift to Carmel performing arts center
The center will recognize the donation by naming
the cafe and gift shop inside the 1,600-seat concert hall after the Basiles.
Friends of Lincoln Collection raises $6.9M to care for artifacts
A group formed to support a prized collection of Abraham Lincoln artifacts has raised $6.9 million in its first six months,
including $3 million from Lilly Endowment. Friends of the Lincoln Collection in Indiana announced the fund-raising milestone
Wednesday afternoon.
Kiwanis to choose worldwide service project
Representatives of three international organizations will visit Indianapolis-based Kiwanis International this week to make
their cases to become its next worldwide cause—and the beneficiary of tens of millions of dollars the organization could
raise with help from its 600,000 members.
Simon family fight breaks out over billionaire’s fortune
Melvin Simon’s
daughter Deborah filed court papers Thursday afternoon charging her father was coerced into approving a
new estate plan in February 2009 that dramatically increased the amount of his fortune going to her stepmother, Bren.
Death of heiress Ruth Lilly unleashes more philanthropy
Lilly’s death on Dec. 30 at age 94 will trigger the release of hundreds of millions of dollars from her
estate, with perhaps as much as $200 million flowing to the fledgling Ruth Lilly Charitable Foundation.
Carmel’s performing arts center hiring key staff
With a year to go before completion of a 1,600-seat concert hall, Executive Director Steven Libman added Jeremy Hatch as development
director.
Investors in failed Church Extension poised to recoup 70 percent
Professionals liquidating the not-for-profit have so far recovered nearly 68 percent of the $82 million owed
investors.